yingli green energy hold-adr (YGE) Key Developments
Yingli Green Energy Holding Company Limited Opens New Office in Santiago, Chile; Appoints Robert Muhn to Serve as Managing Director of Yingli Green Energy Chile
Jul 22 14
Yingli Green Energy Holding Company Limited has expanded its footprint in the Americas by opening the company's third Latin American office in Santiago, Chile. In addition to Yingli's permanent offices in Mexico City, São Paolo, and Santiago, the company also maintains warehouses and inventory in both Mexico and Brazil, which expedite and streamline regional module deliveries.
The company appointed Mr. Robert Muhn to serve as Managing Director of Yingli Green Energy Chile. Under his leadership, the Santiago office will initially focus on the country's burgeoning utility-scale solar market segment, where Mr. Muhn will build on the company's track record of success in supplying large-scale solar plants in Latin America.
Yingli Green Energy Holding Co. Ltd. Provides Production Guidance for the Second Quarter of Fiscal Year 2014
Jun 17 14
Yingli Green Energy Holding Co. Ltd. provides production guidance for the second quarter of fiscal year 2014. For the quarter, the company expects shipments to be in the range of 870 megawatts to 950 megawatts.
Yingli Green Energy Holding Company Limited Announces Unaudited Consolidated Financial Results for the First Quarter Ended March 31, 2014; Provides Production Guidance for the Fiscal Year 2014
Jun 17 14
Yingli Green Energy Holding Company Limited announced unaudited consolidated financial results for the first quarter ended March 31, 2014. For the quarter, the company reported total net revenues of RMB 2,686,758,000 against RMB 2,679,273,000 a year ago. Loss from operations was RMB 128,959,000 against RMB 324,704,000 a year ago. Loss before income taxes was RMB 379,252,000 against RMB 632,086,000 a year ago. Net loss attributable to company was RMB 341,758,000 against RMB 611,781,000 a year ago. Loss per basic and diluted share and per ADS was RMB 2.18 against RMB 3.91 a year ago. Non-GAAP loss attributable to Yingli Green Energy was RMB 338,539,000 against RMB 607,088,000 a year ago. Non-GAAP diluted loss per share and per ADS was RMB 2.16 against RMB 3.88 a year ago. EBITDA was RMB 221,900,000 against LBITDA of RMB 128,562,000 a year ago.
The company announced that based on current market and operating conditions, estimated production capacity and forecasted customer demand, the company reiterates its PV module shipment target to be in the estimated range of 4.0GW to 4.2GW (including 400-600MW shipment for PV systems) for fiscal year 2014, which represents an increase of 23.7% to 29.9% compared to fiscal year 2013.
Yingli Green Energy Holding Company Limited Appoints PricewaterhouseCoopers Zhong Tian LLP as Independent Auditors in the Place of KPMG
Jun 3 14
Yingli Green Energy Holding Company Limited announced that its Board of Directors has appointed PricewaterhouseCoopers Zhong Tian LLP (PwC) as the company's independent auditors. PwC will replace KPMG as the independent auditors for the company with immediate effect.
Yingli Green Energy Holding Co. Ltd. to Report Q1, 2014 Results on Jun 17, 2014
Jun 3 14
Yingli Green Energy Holding Co. Ltd. announced that they will report Q1, 2014 results at 9:00 AM, China Standard Time on Jun 17, 2014